Notes to SEFA
Title: Basis of Accounting
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) presents the activity of all federal award programs of BDAP, Inc. using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The organization did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) presents the activity of all federal award programs of BDAP, Inc. using the accrual basis of accounting.
Title: Relationship to the Financial Statements
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) presents the activity of all federal award programs of BDAP, Inc. using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The organization did not use the de minimis cost rate.
The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S.
Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the Schedule presents only a selected portion of the operations of BDAP, it is not intended to and does not present the financial position, changes in net assets or cash flows of BDAP.
Title: Indirect Cost Rate
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) presents the activity of all federal award programs of BDAP, Inc. using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The organization did not use the de minimis cost rate.
BDAP has elected not to use the 10-percent de minimus indirect cost rate as allowed under Uniform Guidance.
Title: Correction of Prior Year Schedule of Expenditures of Federal Awards
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) presents the activity of all federal award programs of BDAP, Inc. using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The organization did not use the de minimis cost rate.
The schedule of expenditures of federal awards for the year ended June 30, 2022 should have included the Positive Action Grant which was passed through the Pennsylvania Commission on Crime and Delinquency. The grant information was as follows: The AL number was 93.788, the Grant Id number was 36088, and the federal expenditures were $32,979.